Keepit stock price, funding rounds, valuation and financials

Keepit has raised $30 m in total funding. Keepit annual revenue was kr44.89 m in FY 2020

KR44.9 M

Keepit Revenue FY, 2020
Keepit Revenue growth (FY, 2019 - FY, 2020), %62%
Keepit Gross profit (FY, 2020)34.4 M
Keepit Gross profit margin (FY, 2020), %76.6%
Keepit Net income (FY, 2020)-14.1 M
Keepit EBIT (FY, 2020)-13.2 M
Keepit Cash, 30-Sept-2020129.3 M
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Keepit Revenue

Keepit revenue was kr44.89 m in FY, 2020 which is a 61.7% year over year increase from the previous period.

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Keepit Funding

Summary Metrics

Founding Date

2007

Keepit total Funding

$30 m

Keepit latest funding size

$30 m

Time since last funding

a year ago

Keepit investors

Keepit's latest funding round in September 2020 was reported to be $30 m. In total, Keepit has raised $30 m

Keepit Capital Raised

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Keepit Income Statement

Annual

DKKFY, 2018FY, 2019FY, 2020

Revenue

18.9m27.8m44.9m

Revenue growth, %

47%62%

Cost of goods sold

9.5m17.3m10.5m

Gross profit

9.4m10.4m34.4m

Gross profit Margin, %

50%38%77%

General and administrative expense

12.0m25.6m40.7m

Operating expense total

12.4m30.5m47.6m

EBIT

(6.0m)(20.1m)(13.2m)

EBIT margin, %

(32%)(72%)(29%)

Interest expense

1.2m2.4m5.0m

Interest income

42.9k338.0214.0

Pre tax profit

(7.4m)(22.5m)(18.1m)

Income tax expense

1.5m4.9m4.1m

Net Income

(5.6m)(17.6m)(14.1m)

Keepit Balance Sheet

Annual

DKKFY, 2018FY, 2019FY, 2020

Cash

3.7m10.8m129.3m

Accounts Receivable

3.0m3.7m6.3m

Prepaid Expenses

2.1m1.6m2.9m

Current Assets

11.1m23.2m138.6m

PP&E

5.1m9.9m19.8m

Total Assets

35.8m56.4m186.1m

Accounts Payable

1.7m3.2m3.9m

Short-term debt

2.1m1.5m5.3m

Current Liabilities

13.2m20.6m22.9m

Long-term debt

899.0k14.7m23.1m

Total Debt

3.0m16.1m28.4m

Total Liabilities

41.2m79.4m63.3m

Common Stock

1.0m1.0m1.5m

Retained Earnings

(13.6m)(35.2m)107.0m

Total Equity

(5.4m)(23.0m)186.1m

Financial Leverage

-6.6 x-2.5 x1 x

Keepit Cash Flow

Annual

DKKFY, 2018FY, 2019FY, 2020

Net Income

(5.6m)(17.6m)(14.1m)

Accounts Receivable

(2.8m)(189.6k)(3.9m)

Accounts Payable

6.3m8.1m14.8m

Cash From Operating Activities

2.1m(8.7m)6.6m

Purchases of PP&E

(4.0m)(6.5m)(12.9m)

Cash From Investing Activities

(9.1m)(13.4m)(21.2m)

Long-term Borrowings

(1.8m)(2.6m)(3.9m)

Cash From Financing Activities

10.5m29.3m133.1m

Net Change in Cash

3.5m7.2m118.4m

Keepit Ratios

DKKFY, 2018

Financial Leverage

-6.6 x

Keepit Operating Metrics

Jul, 2021

Services Provided

4

Technology Partners

4

Keepit Employee Rating

4.85 votes
Culture & Values
N/A
Work/Life Balance
N/A
Senior Management
N/A
Salary & Benefits
N/A
Career Opportunities
N/A
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